Saudi Hollandi General Assembly approved 20% capital raise (from SAR 3969.0 m to SAR 4762.8 m) in its meeting held on 18/03/2014.
The Capital raise is to take place by issuing one bonus share to each 5 shares owned by registered shareholders, as SAR 793.8 of retained earnings will be capitalized.
By this issuance the number of outstanding shares will increase from 396.9 m shares to 476.28 m.
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Capital raise details |
|
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SAR 3969.0 mn |
Current capital |
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396.9 mn shares |
Number of shares |
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20% (1 for every 5 shares) |
Capital raise (%) |
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SAR 4762.8 mn |
New capital |
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476.28 mn shares |
# of Shares after raise |
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March 18, 2014 |
Record date |
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Cash dividends details |
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SAR 396.9 mn |
Cash dividends |
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10% ( SAR 1.0/share) |
% of capital |
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March 18, 2014 |
Record date |
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March 26, 2014 |
Payment date |
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